Top 15 Companies in Diesel Engines Market: Statistics Report Till 2035
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Diesel Engines Market Size is projected to Grow from USD 67.43 Billion in 2024 to USD 110.11 Billion by 2035, at a CAGR of 4.56% during the forecast period 2025–2035. The development of cleaner, more fuel-efficient diesel engines has been aided by strict environmental regulations and emissions requirements, which assist this market for novel innovation. Further, modern diesel engines are required to meet emissions regulations, such as diesel particulate filters (DPF) and selective catalytic reduction (SCR), which makes it grow at a substantial pace. Diesel-powered construction tools and equipment are becoming more and more essential as global building activity shifts, especially in developing countries.
Introduction
The worldwide diesel engines market refers to the industry focused on the design, production, distribution, and application of diesel-powered internal combustion engines. These engines operate by compressing air to ignite fuel, offering high torque, fuel efficiency, and durability, making them useful in seamless positions across industries like automotive, industrial, marine, agriculture, and power generation. Diesel engines are a category of engines that operate using diesel fuel. A diesel engine is an internal combustion engine that operates on the principle of compression ignition. In the diesel engine, fuel combustion occurs by compressing air to a high temperature within a cylindrical chamber. Further, to produce heat and electricity, the chemical energy of fuel is converted into mechanical energy. Diesel engines are generally ideal for demanding applications such as tractors, locomotives, and marine vessels due to their powerful performance. Diesel engines are widely applicable in numerous fields due to their high thermal efficiency resulting from a substantial compression ratio with consistent power output over extended periods. The growth of the diesel engine market is influenced by factors like the demand for power in commercial, industrial, and residential sectors.
Navigate Future Markets with Confidence: Insights from Spherical Insights LLP
The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.
Unlock exclusive market insights-Download the Brochure now and dive deeper into the future of the Diesel Engines Market.
Diesel Engines Market Size & Statistics
- The Market Size for Diesel Engines Was Estimated to be worth USD 67.43 Billion in 2024.
- The Market size is Going to Expand at a CAGR of 4.56% between 2025 and 2035.
- The Global Diesel Engines Market Size is anticipated to reach USD 110.11 Billion by 2035.
- Asia Pacific is expected to generate the highest demand during the forecast period in the global diesel engines market.
- North America is expected to grow the fastest during the forecast period in the global diesel engines market.
Regional growth and demand
North America is expected to grow at the fastest CAGR during the forecast period in the global diesel engines market.
The regional market is growing rapidly due to the heavy trucking industry. The demand for diesel machinery is increasing due to continuous investments in construction and infrastructure initiatives by key participants and local players through partnerships and mergers. Moreover, in the United States, locomotives and marine vessels often utilize diesel engines to explore opportunities in these areas by providing engines that meet emission regulations while offering the necessary performance and reliability. In the Americas, the production and development of shale gas are rising, especially in the US. Engine manufacturers have opportunities as diesel engines are used in vehicles.
Asia Pacific is expected to grow at the highest market share during the forecast period in the global diesel engines market.
The rapid infrastructural growth and industrialization in the Asia Pacific fuel robust machinery and reliable power sources. These engines are essential for tractors and various agricultural machinery, since farming is a significant economic area in numerous Asia Pacific countries. Major mining companies utilizing diesel-operated machinery for resource extraction are also located in the area. The demand for diesel-powered trucks and delivery vehicles has increased because of the growing e-commerce and logistics industries. These engines deliver the strength and efficiency needed for extended journeys across vast geographical regions, which influences this market growth vastly.
Top 10 Trends in the Diesel Engines Market
- Strict Emission Standards
- Progress in Fuel Efficiency
- Incorporation of IoT and AI Technologies
- Expansion of Hybrid and Electric Power Systems
- Increasing Need in Heavy-Duty Uses
- Embracing Biodiesel and Other Alternative Fuels
- Growth in Developing Markets
- Technological Advancement through 3D Printing
- Emphasize Engine Rebuilding and Restoration
- Expanding Power Generation Infrastructure
1. Incorporation of IoT and AI Technologies
Internet of Things (IoT) smart diesel engines with artificial intelligence management tools and monitors offer scheduled servicing, immediate analysis, and optimum engine efficiency.
2. Expansion of Hybrid and Electric Power Systems
Especially in trucks and buses, diesel engines are finding their way, growing increasingly into combination engines to achieve less pollution and fuel consumption.
3. Technological Advancement through 3D Printing
Additive manufacturing is being used by manufacturers to create more durable and lightweight, intricate engine parts.
4. Emphasize Engine Rebuilding and Restoration
By increasing the engine's lifespan and reducing expenses, expanding aftermarket offerings for reconditioned diesel engines encourages resilience.
5. Increasing Need in Heavy-Duty Uses
The need for diesel engines is driven by the construction, mining, agricultural, and freight transportation industries because of their high torque and dependability requirements.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the global diesel engines market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 15 Companies Leading the Diesel Engines Market
- AGCO Corporation
- China First Automobile Works (FAW) Group Corporation
- Robert Bosch GmbH
- Deere & Company
- Continental AG
- Delphi Automotive System Private Limited
- Mitsubishi Heavy Industries, Ltd.
- Ford Motor Company
- General Motors Company
- MAN SE
- Wärtsilä Oyj Abp
- Cummins, Inc.
- Caterpillar
- Rolls-Royce Motor Cars Limited
- AB Volvo
- Others
1. Robert Bosch GmbH
Headquarters: Baden-Württemberg, Germany
Robert Bosch GmbH is a major player in the diesel engine industry, not as a complete engine manufacturer, but as the leading global provider of advanced components and systems. For many years, Bosch's breakthroughs have been central to almost every significant development in diesel technology, ranging from injection systems to emissions regulation. Bosch spearheaded the industrialization and commercialization of the technology during the 1990s. The common rail system transformed diesel engines, enhancing their power, reducing noise, and greatly improving fuel efficiency. In reaction to tightening global regulations such as Euro VI and BS VI, Bosch has emerged as a frontrunner in exhaust aftertreatment. The Denoxtronic system they offer is an excellent illustration, accurately injecting a urea-based solution (such as AdBlue®) into the exhaust flow to combat nitrogen oxides (NOx) via Selective Catalytic Reduction (SCR) technology.
2. Continental AG
Headquarters: Lower Saxony, Germany
Continental AG is a key participant in the diesel engine industry, not through producing the engines directly, but by serving as a top provider of powertrain parts and systems. The technology of the company is vital for enhancing the efficiency and lowering the emissions of contemporary diesel engines. Although Continental is a key investor in electric mobility, the company acknowledges that diesel will continue to be an important power source for specific applications. Continental has been a major supporter of 48-volt mild hybrid systems integrated with diesel engines. This technology employs a compact electric motor to support the diesel engine, offering a power enhancement and enhancing fuel efficiency, particularly in stop-and-go situations.
3. Mitsubishi Heavy Industries, Ltd.
Headquarters: Tokyo, Japan
Mitsubishi Heavy Industries (MHI) is a worldwide industrial giant with an extensive and notable legacy in engineering, and its role in the diesel engine sector is substantial, albeit centered on particular segments. In contrast to firms manufacturing engines for mainstream automobiles, MHI focuses on high-performance, industrial-grade diesel engines renowned for their toughness and dependability in challenging environments. Although MHI is significantly committed to alternative energy options like hydrogen and renewable fuels, the firm acknowledges the ongoing relevance of the diesel engine. Its plan is not to phase out diesel but to enhance its cleanliness and efficiency. MHI's diesel engine sector focuses on performance and durability rather than on sheer numbers.
4. Ford Motor Company
Headquarters: Michigan, United States
Ford's involvement in the diesel engine sector revolves around its Power Stroke engine lineup, which serves as a crucial differentiator for its heavy-duty trucks and commercial vehicles. Ford's approach has shifted from relying on externally sourced engines to creating its own in-house, high-performance powertrains. Ford's diesel venture started in the 1980s through a collaboration with International Truck and Engine Corporation (Navistar), providing engines for Ford's well-known pickup trucks. This collaboration resulted in iconic engines, notably the 7.3L Power Stroke, which remains celebrated for its remarkable reliability and durability. Tighter emissions standards in the 2000s resulted in the creation of new, more intricate engines (the 6.0L and 6.4L), which encountered reliability issues. In a significant strategic decision, Ford chose to create and manufacture its diesel engine. The firm is significantly investing in electrification with models such as the F-150 Lightning, while the Power Stroke engine remains an essential element of Ford's offerings, providing the strength and resilience required for the toughest tasks.
5. General Motors Company
Headquarters: Detroit, Michigan, United States
General Motors Company (GM) plays a significant role in the diesel engine sector, mainly via its Duramax engine series. In contrast to several manufacturers that have left the diesel passenger vehicle sector, GM has intensified its commitment to diesel, emphasizing high performance and efficient engines for its well-loved trucks and SUVs. GM's contemporary diesel engine narrative is characterized by the Duramax diesel engine, a label that has been a partnership with Isuzu since 2001. The Duramax is now associated with the strength and performance of GM's heavy-duty vehicles. The Duramax V8, particularly the 6.6L Duramax Turbo Diesel, serves as the engine for GM's heavy-duty series, which features the Chevrolet Silverado HD and GMC Sierra HD. Although GM is a world leader in the shift toward electrification with its Ultium battery platform, the company recognizes the persistent relevance of diesel engines in certain applications.
Are you ready to discover more about the diesel engines market?
The report provides an in-depth analysis of the leading companies operating in the global diesel engines market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- AGCO Corporation
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- China First Automobile Works (FAW) Group Corporation
- Robert Bosch GmbH
- Deere & Company
- Continental AG
- Delphi Automotive System Private Limited
- Mitsubishi Heavy Industries, Ltd.
- Ford Motor Company
- General Motors Company
- MAN SE
- Wärtsilä Oyj Abp
- Cummins, Inc.
- Caterpillar
- Rolls-Royce Motor Cars Limited
- AB Volvo
- Others
Conclusion
The Global Diesel Engines Market is anticipated to expand from USD 67.43 billion in 2024 to USD 110.11 billion by 2035 with a CAGR of 4.56%. This expansion is fueled by the rising need for cleaner, fuel-efficient diesel engines to comply with strict emission standards and the growing utilization of diesel-powered machinery in sectors like construction, agriculture, mining, and transportation. The Asia Pacific area is anticipated to create the greatest demand, bolstered by strong industrial growth and infrastructure progress, whereas North America is expected to experience the quickest development owing to the expansion of the trucking sector and investments in engines that meet emission standards. Top market players like Robert Bosch GmbH, Continental AG, Mitsubishi Heavy Industries, Ford Motor Company, and General Motors Company emphasize innovation in emission control systems, fuel efficiency, and the incorporation of IoT and AI for enhanced engine performance.
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?